Free tools
Calculator suite
Five development calculators, free and open to anyone. Every result is computed from the numbers you type — nothing is assumed, stored, or sent anywhere.
Project pro forma
Open
Yield on cost and spread
Open
Loan payment, DSCR and debt yield
Open
Residual land value
Open
Equity and cash-on-cash
Open
These calculators run entirely in your browser. They are teaching aids for structuring your own numbers, not financial, legal, or tax advice.
Project pro forma
Total project cost, profit, and margin measured both on cost and on revenue.
Enter your numbers to see the result. Nothing is assumed for you.
Yield on cost and spread
Stabilized net operating income against total cost, and the spread over the exit cap rate you enter.
Enter your numbers to see the result. Nothing is assumed for you.
Loan payment, DSCR and debt yield
Level-payment amortization from the loan amount, rate and term you enter, with coverage measured against your NOI.
Enter your numbers to see the result. Nothing is assumed for you.
Residual land value
What is left for land once construction, selling cost and your required profit on total cost are covered.
Enter your numbers to see the result. Nothing is assumed for you.
Equity required and cash-on-cash
Equity left after the loan, loan-to-cost, and the cash return on that equity after debt service.
Enter your numbers to see the result. Nothing is assumed for you.
Go further
The full instrument set comes with enrollment.
The calculators are free. The Developer Toolkit, Transaction Vault, and the rest of the working instruments are released to enrolled members.